Many people in Chennai earn their living by taking a sub-broker franchise of a renowned stockbroking company. Thus, the search for the Best Sub Broker Franchise in Chennai is always on.
Capital market enthusiasts are spread all over the country and Chennai houses a large number of them. This city has branches of all popular broker houses of the nation that are run successfully by franchise owners.
This article will help those people looking for good options for sub-broker franchises in this city. It has brought together the names of the Top 10 Sub Brokers in Chennai that offer a wide range of facilities to business partners.
Therefore, traders and investors hailing from this city should not miss out on a single line of this article. They should go through all the useful details provided about these broker houses that will assist them in making a wise decision.
List of Top 10 Sub Brokers Franchise in Chennai
The table below contains the names of the 10 Best Sub Broker Franchise in Chennai.
| Rank | Sub Broker |
| 1 | Angel Broking |
| 2 | Motilal Oswal |
| 3 | Sharekhan |
| 4 | India Infoline |
| 5 | Geojit Finance |
| 6 | Upstox |
| 7 | Zerodha |
| 8 | Narnolia Securities |
| 9 | SAMCO |
| 10 | Ventura Securities |
A table helps in representing data conveniently and helps a reader to extract all useful details from it effortlessly. People looking for a good sub-broker franchise in Chennai will get a thorough idea about the top names that are doing great.
These names are organized as per their ranks and readers will also be given other useful details revolving around these companies.
This article will highlight the profitable features of all the sub-broker franchises mentioned in the table. The names of the 10 best Sub Broker Franchises are Angel Broking, MotilalOswal, Sharekhan, IIFL, Geojit Finance, Upstox, Zerodha, Narnolia, SAMCO, and Ventura Securities.
Various parameters related to these broker houses are discussed below that include their revenue-sharing scheme, investment amount required, payout time, etc. Thus, this article is a one-stop solution for those who are confused with which broker house they should partner with.
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Rank 1 – Angel Broking – Number 1 Broking Franchise in Chennai
| Franchise Name | Angel Broking Franchise |
| Business Model | Sub Broker |
| Security Deposit | Rs.50,000 – Rs.150,000 |
| Revenue Sharing | 50% – 70% |
| Receive Payout in | 15 Days |
| Branch Offices | Angel Broking Branch Office |
| Branches in City | |
Angel is the Top Broking Franchise in Chennai that is recommended by a large number of capital market experts and business partners. It began its journey in 1987 and has been offering top-class financial services to a large number of traders and investors in the country.
Angel Broking is always a profitable option for taking a sub-broker franchise in Chennai as its client base is huge in this city.
One can take the Angel Broking franchise with an investment between Rs.50,000 and Rs.150,000. Franchise owners are given 50% to 70% of the total revenue earned within a payout time of only 15 days. Thus, an Angel Broking franchise is a very good option for financial trading enthusiasts who want to earn more.
Rank 2 – Motilal Oswal – Top Sub Broker in Chennai
| Franchise Name | Motilal Oswal Franchise |
| Business Model | Sub Broker |
| Security Deposit | Rs.300,000 |
| Revenue Sharing | 50% – 70% |
| Receive Payout in | 31 Days |
| Branch Offices | Motilal Oswal Branch Office |
| Branches in City | |
Motilal Oswal is the second name on the list of the Top Sub Broker in Chennai and its popularity is familiar to everybody involved with the capital market. This broker house has been increasing its client base steadily in different parts of the nation since its inception.
Today, it has thousands of clients in Chennai and a large number of business partners serve them with top-class services.
This broker house made the process of taking a sub-broker franchise easy with an investment of Rs.300,000. The initial investment is quite high for Motilal Oswal but business partners are given an array of facilities in return. 50% to 70% of the total revenue is shared with franchise owners and the payout time followed is 31 days.
Rank 3 – Sharekhan – Best Stock Broker Franchise in Chennai
| Franchise Name | Sharekhan Franchise |
| Business Model | Sub Broker |
| Security Deposit | Rs.70,000 – Rs.100,000 |
| Revenue Sharing | 50% – 75% |
| Receive Payout in | 33 Days |
| Branch Offices | Sharekhan Branch Offices |
| Branches in City | Sharekhan Branch Office in Chennai |
The Mumbai-based full-service broker house, Sharekhan, is the third name among the 10 Best Stock Broker Franchise in Chennai. It was incorporated in 2000 and has been offering a large number of financial products to traders and investors. Chennai houses numerous Sharekhan branches and there is scope for many more.
Sharekhan offers a sub-broker franchise for an investment of Rs.70,000 to Rs.100,000. Its revenue-sharing percentage is quite high and it is between 50% and 70%. Business partners are given their share of profit within a payout time of 33 days which is followed strictly by this share broking company.
Rank 4 – India Infoline – Sub Broker Franchise in Chennai
| Franchise Name | IIFL Franchise |
| Business Model | Sub Broker |
| Security Deposit | Rs.50,000 – Rs.200,000 |
| Revenue Sharing | 50% – 75% |
| Receive Payout in | 40 Days |
| Branch Offices | IIFL Branch Office |
| Branches in City | |
India Infoline, popularly known as IIFL, is the fourth-best Sub Broker Franchise in Chennai. It is a leading capital service company that was incorporated in 1995. IIFL operates advanced trading applications that have made share trading the easiest for its clients.
Its financial products are thoroughly researched by experts and traders are given useful stock recommendations to ensure they crack the best trading deal.
One can take a sub-broker franchise of IIFL by investing Rs.50,000 to Rs.200,000. This broker house shares 50% to 75% profit with its business partners. The payout time is 40 days and franchise owners will get their profit shares credited to their bank accounts.
Rank 5 – Geojit Finance – Top 10 Business Partner in Chennai
| Franchise Name | Geojit Finance Franchise |
| Business Model | Sub Broker |
| Security Deposit | Rs.50,000 – Rs.150,000 |
| Revenue Sharing | 50% – 70% |
| Receive Payout in | 20 Days |
| Branch Offices | Geojit Finance Branch Offices |
| Branches in City | Geojit Finance Branch Office in Chennai |
In the list of the Top 10 Business Partner in Chennai, Geojit Finance stands on the fifth position. It has been serving a large number of traders and investors in Chennai with superb financial solutions since 1987.
A client can open a trading and a Demat account with Geojit Finance very easily and this makes it a favorite of traders. It levies low brokerage fee and the trading exposures are quite high.
The sub-broker franchise of Geojit Finance can be taken by investing Rs.50,000 to Rs.150,000. This broker house satisfies its business partners with a high amount of revenue that ranges between 50% and 70%. Geojit Finance is one of those stockbrokers that follow a low payout time of 20 days for sharing profits with franchise owners.
Rank 6 – Upstox – Best Share Broker Franchise in Chennai
| Franchise Name | Upstox Franchise |
| Business Model | Sub Broker |
| Security Deposit | Rs.25,000 – Rs.50,000 |
| Revenue Sharing | 10% – 30% |
| Receive Payout in | 31 Days |
| Branch Offices | Upstox Branch Office |
Upstox is one of the fastest-expanding broker houses in the country that has landed on the sixth position among the 10 Best Share Broker Franchise in Chennai. It helps business partners in the best way possible and trains them effectively for managing the wealth of clients.
This broker house has designed some of the most advanced trading applications that are loaded with numerous useful features. Thus clients can get their trading deals processed without any hassle.
The Upstox sub-broker franchise is available for a minimum investment of Rs.25,000 to Rs.50,000. Franchise owners get 10% to 30% profit within a payout time of 31days.
Rank 7 – Zerodha – Best Broking Partner in Chennai
| Franchise Name | Zerodha Franchise |
| Business Model | Partner Program |
| Security Deposit | Rs.11,000 |
| Revenue Sharing | 10% – 30% |
| Receive Payout in | 45 Days |
| Branch Offices | Zerodha Branch Offices |
| Branches in City | Zerodha Branch Office in Chennai |
India’s largest financial trading company, Zerodha, is the seventh rank holder in the list of the 10 Best Broking Partner in Chennai.
Its low brokerage charge attracts traders and investors widely and they are offered a wide spectrum of financial products. This share trading company was established in 2010 and climbed the ladder very fast.
Zerodha runs a partnership program in which business partners can earn 10% to 30% revenue as per their contributions. An investment of Rs.11,000 only is required for joining the partnership program with Zerodha. This broker house works on a payout time of 45 days which is maintained without fail.
Rank 8 – Narnolia Securities – Top Master Franchise in Chennai
| Franchise Name | Narnolia Franchise |
| Business Model | Sub Broker |
| Security Deposit | Rs.15,000 to Rs.25,000 |
| Revenue Sharing | 75% – 85% |
| Receive Payout in | 30 Days |
| Branch Offices | Narnolia Branch Office |
| Branches in City | |
Narnolia Securities is one of the leading brokerage houses in Chennai with a large number of clients. It is considered as a Top Master Franchise in Chennai for the A-grade facilities it offers its business partners.
This company is offering unmatchable financial solutions for the past two decades and offers highly customized services to traders and investors.
One can become a business partner of Narnolia Securities by investing Rs.15,000 to Rs.25,000 which is extremely low in comparison to other broker houses. Its profit-sharing percentage is very high and it is between 75% and 85%. The payout time is 30 days and franchise owners receive their profits shares timely.
Rank 9 – SAMCO – Franchise Business Partner in Chennai
| Franchise Name | SAMCO Franchise |
| Business Model | Referral Program |
| Security Deposit | Zero |
| Revenue Sharing | 10% – 20% |
| Receive Payout in | 27 Days |
| Branch Offices | SAMCO Branch Office |
| Branches in City | |
SAMCO is a reliable share trading company that was founded in 1993 in Mumbai. It is the ninth-best Franchise Business Partner in Chennai that enables trading at various stock exchanges. SAMCO offers the best financial products that help traders in earning a huge amount of money.
Its financial services are well-appreciated by the large client base in Chennai.
This broker house runs a referral program through which financial trading enthusiasts can earn 10% to 20% revenue. They need not make any investment in joining this program. The payout time followed strictly by SAMCO is 27 days.
Rank 10 – Ventura Securities – Share Market Franchise in Chennai
| Franchise Name | Ventura Securities Franchise |
| Business Model | Sub Broker |
| Security Deposit | Rs.50,000 – Rs.200,000 |
| Revenue Sharing | 60% – 75% |
| Receive Payout in | 33 Days |
| Branch Offices | Ventura Securities Branch Office |
| Branches in City | |
Ventura Securities is the final name in the list of the Top Share Market Franchise in Chennai. This 1994-founded company has headquarters in Mumbai and serves the whole nation with top-class investment and wealth management solutions.
Ventura Securities is transparent with its trading procedures and offers a good amount of leverage to its clients.
Its Sub Broker Franchise can be taken by anyone for an investment of Rs.50,000 to Rs.200,000. Ventura Securities shares a 60% to 70% profit with its business partners within the payout time of 33 days.
Sub Broker Franchise in Chennai – Conclusion
The main objective of this article was to highlight the 10 Best Sub Broker Franchise in Chennai and it has managed to do it well. Readers can get a deep insight into the facilities offered by these broker houses to their business partners.
This will help them in choosing the best one amongst an ocean of options. One should enquire about each important detail about a broker house before taking its sub-broker franchise.
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